[Bitcoin-segwit2x] Strong 2-Way Replay Protection

[bitPico]

This is a Bitcoin 2x Base Block Size technical discussion list not for speculative or other discussions.

Thank You

> On Oct 9, 2017, at 4:46 AM, Marcel Jamin via Bitcoin-segwit2x <bitcoin-segwit2x at lists.linuxfoundation.org> wrote:
> 
> On 9 October 2017 at 05:46, Mike Belshe via Bitcoin-segwit2x
> <bitcoin-segwit2x at lists.linuxfoundation.org> wrote:
> 
>> BitGo serves its customers; we'll handle both chains.
>> I still hope everyone decides to vote for bigger blocks - its taken a long
>> time to get here, and we have a great opportunity!
> 
> The block limit effectively doubled recently. You say that's because
> of the NYA, others say it's because of the UASF ultimatum. Personally
> I believe the pro-hardfork side saw a chance to get their pound of
> flesh with the NYA and BIP91 caught them by surprise. But the UASF
> deadline provided the pressure.
> 
> In any case, it already doubled and you want to double it *again*.
> 
>> No reason to support two chains except pride.
> 
> The new chain will be run by a forked off client maintained by a new
> and much smaller set of developers willing to give in to business (and
> presumably government) pressure.
> 
> The original chain will keep the most if not all of the developer
> talent that helped bitcoin flourish over the past years and follow a
> more rational and less political approach to decision making.
> 
> I see plenty of reason to support the original chain and can't fathom
> how anyone (except some CEOs perhaps) would value the former higher
> than the latter. Early results on Bitfinex tend to agree with me here.
> This valuation will be an issue for you and the mining support you
> currently think you have. Understand that hashpower is a value add,
> not the core value proposition. Even with 1000x the hashpower, there's
> nothing secure about a corporately run version of bitcoin.
> 
> 
> - Marcel
> 
> 
>> 
>> Mike
>> 
>> 
>>> On Sun, Oct 8, 2017 at 8:43 PM, Chris Stewart <chris at suredbits.com> wrote:
>>> 
>>>> No.
>>> 
>>> Ok. Thanks for the candid answer Mike. I look forward to an official
>>> update from bitgo of how they will handle this chain split wrt to bitcoin
>>> and segwit2x.
>>> 
>>> -Chris
>>> 
>>>> On Sun, Oct 8, 2017 at 10:38 PM, Mike Belshe <mike at bitgo.com> wrote:
>>>> 
>>>> 
>>>> 
>>>> On Sun, Oct 8, 2017 at 5:56 PM, Chris Stewart via Bitcoin-segwit2x
>>>> <bitcoin-segwit2x at lists.linuxfoundation.org> wrote:
>>>>> 
>>>>> So just so this is clear to the rest of the world, Segwit2x believes
>>>>> there will be no chain split?
>>>> 
>>>> 
>>>> No.
>>>> 
>>>> Although the design goal was to not create a split, that doesn't mean
>>>> that there won't be one. Since you can never get 100.000% agreement, I
>>>> suppose you could say that means there must be a split - the question is
>>>> just how big.
>>>> 
>>>> From the beginning, the segwit2x crew tried to garner as much support as
>>>> possible and make the code as simple and unobtrusive as possible. They
>>>> certainly accomplished a lot - getting more miner support than ever in
>>>> history, and getting segwit itself activated.  With regard to the 2MB
>>>> upgrade, it does seem that many are against it.  But if you look at the node
>>>> counts of SPV and full nodes, its easy to see that this group is incredibly
>>>> small - likely 0.5% or less of all deployed wallets.
>>>> 
>>>> On the other hand, adding "replay protection" and orphaning the SPV
>>>> wallets would clearly create a massive chain split.
>>>> 
>>>> Mike
>>>> 
>>>> 
>>>> 
>>>> 
>>>>> 
>>>>> 
>>>>> -Chris
>>>>> 
>>>>>> On Sun, Oct 8, 2017 at 5:57 PM, bitPico <bitpico at icloud.com> wrote:
>>>>>> 
>>>>>> https://blockchain.info/charts/nya-support
>>>>>> 
>>>>>> ~95-96%
>>>>>> 
>>>>>> Do the math on how long it would take to solve a 1x (deprecated) block
>>>>>> with only 4-5% network hash power.
>>>>>> 
>>>>>> There is no HACK in place to drop the difficulty either so it’s a dead
>>>>>> blockchain. :-)
>>>>>> 
>>>>>> On Oct 8, 2017, at 6:46 PM, Chris Stewart via Bitcoin-segwit2x
>>>>>> <bitcoin-segwit2x at lists.linuxfoundation.org> wrote:
>>>>>> 
>>>>>> So just to be clear, segwit2x no longer believes there will not be a
>>>>>> chain split come November?
>>>>>> 
>>>>>> -Chris
>>>>>> 
>>>>>> 
>>>>> 
>>>>> 
>>>>> _______________________________________________
>>>>> Bitcoin-segwit2x mailing list
>>>>> Bitcoin-segwit2x at lists.linuxfoundation.org
>>>>> https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-segwit2x
>>>>> 
>>>> 
>>>> 
>>>> 
>>>> --
>>>> 
>>>> Mike Belshe
>>>> CEO, BitGo, Inc
>>>> 408-718-6885
>>> 
>>> 
>> 
>> 
>> 
>> --
>> 
>> Mike Belshe
>> CEO, BitGo, Inc
>> 408-718-6885
>> 
>> 
>> _______________________________________________
>> Bitcoin-segwit2x mailing list
>> Bitcoin-segwit2x at lists.linuxfoundation.org
>> https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-segwit2x
>> 
> _______________________________________________
> Bitcoin-segwit2x mailing list
> Bitcoin-segwit2x at lists.linuxfoundation.org
> https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-segwit2x